Question: Show all work do not use excel to solve A series of end -of -the -year cash flows of $2,000 for ten years at an

Show all work do not use excel to solve  Show all work do not use excel to solve A series

A series of end -of -the -year cash flows of $2,000 for ten years at an annual interest rate of 8%, is nearly equal to a series of end-of-the-year cash flows at 10% interest for eight years. Determine the value of the uniform amount, A A) $1,678 B) $2,515C) $1,590 D) None of these

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